"I rather doubt it," said Penny. "He has a prospective tenant now, only he doesn't know it."

"Indeed? Who?"

"You're looking at her."

"You!" Mr. Parker smiled broadly.

"I have it all planned," announced Penny with quiet finality. "What this town needs is a good, live newspaper, and an imaginative editor to run it."

"Oh, I see." With difficulty Mr. Parker kept his face composed. "And where do you propose to start your newspaper? In the old _Press_ building?"

"You took the words out of my mouth, Dad. Everything is there, awaiting the touch of my magic wand."

"There's a little matter of rent. Several thousand a month."

"I have a solution for that problem."

"Your staff?"

"I'll gather it as I prosper."

"The necessary capital?"

"A mere detail," said Penny grandly. "I meet only one obstacle at a time.

Tomorrow I shall accost Mr. Veeley with an attractive proposition. If he falls into my net, Riverview's newest paper, _The Weekly Times_, makes its bow to the public."

CHAPTER 5 _COBWEBS AND RUST_

"My dear young lady, do I understand you correctly? You are asking for the use of the _Morning Press_ building without the payment of rent."

Mr. Veeley, slightly bald and with a bulging waistline, regarded Penny across the polished mahogany desk. Upon arriving at his office that Sat.u.r.day morning, he had found the girl awaiting him. For the past ten minutes she had stunned him with her remarkable figures and plans.

"Yes, that's about the size of it," Penny acknowledged. "What Riverview needs is a newspaper unhampered by the conservatism of over-aged minds.

Now you have a fine building and equipment which is standing idle, fast falling into decay--"

"Decay?" Mr. Veeley inquired mildly.

"Expensive machinery soon rusts and becomes practically worthless unless kept in use," declared Penny with authority. "If you'll agree to my proposition, I'll publish a weekly paper there, see that your property is kept in good condition, and turn the plant back to you whenever you can find a prosperous renter."

"Your father sent you here?"

"Oh, goodness, no! Dad thinks it's all a great joke. But it isn't! I _know_ I can make a success of the paper if only I have a chance to test my ideas."

Mr. Veeley could not fail to be impressed by Penny's earnest, appealing manner. The novelty of her plan both amused and intrigued him.

"I wish I could help you start your paper," he said. "However, I doubt if you comprehend the cost of such a venture. Even should I permit the use of my building rent free, how would you meet such expenses as light, water and heat?"

"Oh, I have a plan for everything," insisted Penny grandly. "All I need is a building. I'll have the windows washed for you and do a good job of house cleaning. With me in charge you'll be able to dismiss your watchman."

"I haven't one."

"No watchman?" Penny inquired innocently. "Last night when I drove past the building I saw a light on the third floor. Evidently someone is prowling about there, Mr. Veeley."

"You're certain you saw a light?" the man inquired, disturbed by the information.

"Oh, yes, indeed. Excuse me for advising you, Mr. Veeley, but you really should have someone to guard your property."

Mr. Veeley smiled broadly. "You are a very convincing young lady. While I realize it is a foolish thing to do, I am tempted to let you have the key."

"Oh, Mr. Veeley, that's wonderful! You'll never regret it!"

"I'll allow you the use of the building for a month," resumed Mr. Veeley.

"At the end of that time we'll discuss the future."

Penny was thrown into such a frenzy of excitement that she scarcely could remain outwardly serene until she had left the office. Once on the street she ran the entire distance to the _Star_ building, dashing into her father's suite with all the sound effects of a laboring steam engine.

"Dad!" she cried dramatically. "I have it! The key to the _Morning Press_ plant! Now I'm on my way to draw my savings from the bank."

"What's that?" demanded Mr. Parker. "Don't tell me Mr. Veeley listened to your crazy scheme!"

"He's heartily in favor of it, Dad. Now I must rush off to the bank."

"Come back here," her father commanded as she started for the door. "I can't allow you to withdraw your savings."

"How can I launch the _Weekly Times_ without capital?"

"You're really determined to try it?"

"Of course."

Mr. Parker reached for a cheque book. "How much will you need?"

"Oh, just sign your name at the bottom and leave the amount blank."

"Sorry, I prefer not to financially cripple myself for life. One hundred dollars is my limit. I'm throwing it down a sink-hole, but the lessons you'll learn may be worth the cost."

"I can do a lot with a hundred dollars," said Penny. "Thanks, Dad."

She picked up the cheque before the ink was dry and, dropping a kiss lightly on her father's cheek, was gone.

From the corner drugstore Penny telephoned Louise, telling her the news and asking her to come downtown at once. Fifteen minutes later her chum met her at the entrance to the _Morning Press_ building.

"Just think, Lou!" she murmured, unlocking the front door. "This huge plant all mine! I'm a publisher at last!"